Zillow Group (NASDAQ:ZG) CEO Jeremy Wacksman Sells 10,855 Shares of Stock

by · The Cerbat Gem

Zillow Group, Inc. (NASDAQ:ZG – Get Free Report) CEO Jeremy Wacksman sold 10,855 shares of Zillow Group stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $69.99, for a total transaction of $759,741.45. Following the completion of the transaction, the chief executive officer owned 134,712 shares of the company’s stock, valued at $9,428,492.88. The trade was a 7.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Jeremy Wacksman also recently made the following trade(s):

  • On Wednesday, November 12th, Jeremy Wacksman sold 7,546 shares of Zillow Group stock. The shares were sold at an average price of $71.13, for a total transaction of $536,746.98.

Zillow Group Stock Down 2.1%

ZG traded down $1.47 on Friday, hitting $67.21. The company’s stock had a trading volume of 908,247 shares, compared to its average volume of 587,079. Zillow Group, Inc. has a 12 month low of $56.63 and a 12 month high of $90.22. The firm has a market cap of $16.27 billion, a P/E ratio of -258.50, a price-to-earnings-growth ratio of 23.55 and a beta of 2.09. The company’s 50 day simple moving average is $74.75 and its 200-day simple moving average is $73.29.

Zillow Group (NASDAQ:ZG – Get Free Report) last issued its earnings results on Thursday, October 30th. The technology company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.02). The business had revenue of $676.00 million for the quarter, compared to the consensus estimate of $670.28 million. Zillow Group had a negative net margin of 2.60% and a negative return on equity of 1.26%. The company’s revenue was up 16.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.35 EPS. Zillow Group has set its Q4 2025 guidance at EPS. Equities analysts predict that Zillow Group, Inc. will post 0.32 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on ZG shares. JMP Securities reiterated a “market outperform” rating and set a $87.00 price target on shares of Zillow Group in a research report on Thursday, September 25th. DA Davidson reaffirmed a “buy” rating and set a $95.00 target price on shares of Zillow Group in a report on Thursday, October 2nd. Benchmark reissued a “buy” rating on shares of Zillow Group in a report on Friday, October 31st. Susquehanna reduced their price target on shares of Zillow Group from $85.00 to $80.00 and set a “neutral” rating for the company in a research report on Monday, November 3rd. Finally, Oppenheimer began coverage on Zillow Group in a research report on Monday, October 6th. They issued a “market perform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Zillow Group has an average rating of “Moderate Buy” and a consensus target price of $87.42.

Check Out Our Latest Research Report on ZG

Hedge Funds Weigh In On Zillow Group

Several institutional investors have recently modified their holdings of the company. National Bank of Canada FI raised its holdings in shares of Zillow Group by 79.4% during the 1st quarter. National Bank of Canada FI now owns 488 shares of the technology company’s stock valued at $33,000 after buying an additional 216 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in Zillow Group by 78.9% in the third quarter. Smartleaf Asset Management LLC now owns 424 shares of the technology company’s stock worth $33,000 after buying an additional 187 shares in the last quarter. PNC Financial Services Group Inc. grew its position in Zillow Group by 33.0% during the first quarter. PNC Financial Services Group Inc. now owns 1,129 shares of the technology company’s stock valued at $75,000 after acquiring an additional 280 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of Zillow Group by 23.1% during the third quarter. Jones Financial Companies Lllp now owns 1,033 shares of the technology company’s stock worth $80,000 after acquiring an additional 194 shares in the last quarter. Finally, Group One Trading LLC raised its stake in shares of Zillow Group by 884.7% during the third quarter. Group One Trading LLC now owns 1,477 shares of the technology company’s stock worth $110,000 after acquiring an additional 1,327 shares in the last quarter. 20.32% of the stock is currently owned by institutional investors.

Zillow Group Company Profile

(Get Free Report)

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.

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